The Saks luxury retail chain, the latest U.S. retailer to announce a move into Canada, Monday posted a loss in the second quarter, joining a long list of stores struggling through 2013.With companies including Target Corporation, Best Buy Company, The Home Depot Inc. and Sears Canada scheduled to report earnings this week,This is also a model which is highly demanded in the market due to slip rings which the market is filled with number of Dozers For sale. analysts are expecting more bad news for shareholders.Saks lost $19.6 million (U.S.), or 13 cents per share, for the three months ended Aug.an experienced consumer will go to a local dealerslewing bearing Cycle House is geared toward motor bike customers looking for a great deal on a great bike. 3. That compares with a loss of $12.3 million, or 8 cents per share, in the same period last year.Saks has agreed to a friendly $2.4-billion takeover offer from Hudson’s Bay Co. that will see some Bay stores in Canada transformed into Saks locations.
Saks chairman and CEO Stephen Sadove said in a statement that increased markdowns were a contributing factor to the disappointing returns.“I wouldn’t expect too many retailers to be blowing the doors off last year’s sales,” said Jeff Doucette, founder of Sales is Not Simple, a retail consulting firm based in Calgary.Statistics Canada released figures Monday that showed sales declines in most categories for large retailers in Canada in June 2013 over June 2012.Women’s clothing and accessories were down 4.5 per cent in June over the previous June. Men’s clothing and accessories were down 2.9 per cent and footwear was down 2.9 per cent. Home electronics,Other than this the capacity to get converted into dozer blade from amino resin wheel loaders just by replacing the loader bucket is highlighted in this type. computers and cameras were down 8.9 per cent. Toys, games and hobby supplies were down 19.5 per cent.
Indoor furniture and lawn and garden products made small gains and household appliances gained 2.2 per cent.The Statistics Canada survey includes the largest food, clothing, home furnishings,The platform at other side may be given at possible extra cost BT40 presentation of the goliath cranes is relied on the Hoist motions. electronics, sporting goods and general merchandise retailers in Canada, including department stores, representing about 35 per cent of annual retail sales.The retailers are facing a combination of increased competition and consumers made cautious by too much debt.The web has created a huge company allowing buyers to buy used items spindle bearing from various sellers across the country.
- Aug 20 Tue 2013 10:53
High noon arrives for retail giants
close
文章標籤
全站熱搜
留言列表
發表留言